Fairfax AR 2005 Final.Indd
FAIRFAX ANNUAL REPORT 2005 FAIRFAX ANNUAL REPORT 2005 FAIRFAX Fairfax Report FAIRFAX ANNUAL REPORT 2005 John Fairfax Holdings Limited ABN 15 008 663 161 METROPOLITAN, REGIONAL AND COMMUNITY NEWSPAPERS METROPOLITAN NEWSPAPERS The Sydney Morning Herald, The Sun-Herald, The Age, The Sunday Age, Fairfax Regional Newspapers, Regional New South Wales, The Herald –Newcastle, Illawarra Mercury, Hunter Post, Newcastle/Lake A competitive mix FINANCIAL REVIEW(incl GST) Tuesday 27 July, 2004 12-PAGE LIFT-OFF Price $2.50 NZ $3.00 INTERESTRATES WHERE NEXT EXPORTSBOOM MINING THE WINNER of businesses HOUSINGMARKET CRITICAL TURNING POINT GLOBALGROWTH ASIA THE KEY CONSUMERS ADDICTED TO DEBT STATEBYSTATE TAX WINDFALL DRIES UP ECONOMIC OUTLOOK YOUR GUIDE TO THE YEAR AHEAD Illustration: DAVID ROWE Reliability, flexibility, growth. Ingredients for a successful year ahead. © 2004 Intel Corporation. Intel is trademark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries. All rights reserved. [S01 SFB 27jul04] Maintaining the market position of newspapers MEETING THE COMPETITIVE Pursuing strategic growth > CHALLENGE Enhancing returns to shareholders Macquarie Post, Central Coast Sun Weekly, Port Stephens Examiner, Wollongong Advertiser, Regional Victoria, The Warrnambool Standard, Fairfax COMMUNITY NEWSPAPERS – NSW The St George & Sutherland Shire Leader, Cooks River Valley Times, Campbelltown-Macarthur Advertiser, Camden Advertiser, Wollondilly Advertiser, Fairfield City Champion, Liverpool City Champion, Bankstown-
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